India’s discom reforms improve generator cash flows, but ₹6.5 lakh crore losses remain a risk: Moody’s

As per the report, the gap between average cost of supply (ACS) and average revenue realised (ARR) narrowed sharply — from ₹0.69 per unit in FY2020-21 to just ₹0.06 per unit in FY2024-25.

May 22, 2026 - 21:30
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India’s discom reforms improve generator cash flows, but ₹6.5 lakh crore losses remain a risk: Moody’s
As per the report, the gap between average cost of supply (ACS) and average revenue realised (ARR) narrowed sharply — from ₹0.69 per unit in FY2020-21 to just ₹0.06 per unit in FY2024-25.

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